6 Policy Status Change

This topic provides information on Policy Status Change.

When a policy is created, the status of the same is Active. It may be required to change the status of the policy. A status change may, or may not have a processing impact and depending on the change in status, a restriction may be placed on the policy

Note:

The status of a policy can be changed through the Fund Manager component only.

The Policy Status Change screen allows you to change the status of a Policy. The next section gives you step-by-step instructions to do the same.

This topic contains the following sub-topics:

• Process Policy Status Change Detail
  This topic provides the steps you need to follow to change the status of a policy.
• Policy Status Change Summary
  This topic provides the systematic instructions to perform the basic operations on the selected records.